Special Enrollment Grows Interest
Since the decision was finalized to re-open special enrollment, the United States and President Biden have seen over 200,000 people sign up. With the coronavirus response bill being passed, financial assistance for premiums will become considerably more generous, allowing more middle-class households to qualify. It is predicted to see a spike in additional signups.
With only 36 states served by the federal Healthcare.go insurance market, it is estimated to see another spike in enrollment once states running their insurance website are factored in. As applications run through May 15 and a $50 million advertising budget to promote signup, President Biden hopes to see significant progress by mid-April.
The importance of continue growth in special enrollment is the drive towards a new form of Healthcare in the United States. It will be vital to look closely at what is to come after May 15 to Healthcare as a whole.